Shenzhen Tongyi Industry announced that the company's controlling shareholder, actual controller, and chairman Shao Yunan plan to reduce their shareholding in the company by up to 4.2884 million shares (including this number) through centralized bidding and block trades within three months after 15 trading days from the date of this announcement, which is not more than 2.37% of the company's total share capital. In addition, the company's senior management member Hua Qingchun plans to reduce their shareholding by up to 0.6719 million shares (including this number) through centralized bidding and block trades within three months after 15 trading days from the date of this announcement, which is not more than 0.37% of the company's total share capital. The reason for this reduction is personal funding needs, and the shares being reduced are from the company's initial public offering and the shares obtained from the successive implementation of capital reserve transfers to increase share capital.